182 Highland Avenue

Somerville, MA 02143

$2,350,000
Last Sold Price
10
Beds
6
Baths
5,568 Sq. Ft.
$422 / Sq. Ft.
5,568
Sq. Ft.
$422
per Sq. Ft.

Description

Majestic Spring Hill 6-family with lovely period details, hardwood floors, & significant upside potential! This is a trophy property with an A+ location & flexible floor plans with potential to either buy & hold, update to increase market rents, or convert to condos. Each floor offers 2 units mirroring each other in layout. The floor plans allow future renters, owner-occupants and/or developers the ability to combine units. Units 1 and 4 are 4 room/2 bedrooms with bay windows & spacious kitchens....Majestic Spring Hill 6-family with lovely period details, hardwood floors, & significant upside potential! This is a trophy property with an A+ location & flexible floor plans with potential to either buy & hold, update to increase market rents, or convert to condos. Each floor offers 2 units mirroring each other in layout. The floor plans allow future renters, owner-occupants and/or developers the ability to combine units. Units 1 and 4 are 4 room/2 bedrooms with bay windows & spacious kitchens. Units 2 and 5 are 4+ room/2 bedrooms with graciously-sized living rooms, a study area, & a shared front porch. Units 3 and 6 are the penthouse units and are 4 room/1 bedrooms with spacious living rooms, dining rooms with built-ins, & abundant natural light. The driveway fits 4-5 cars in tandem & there is a small garage being used for storage. Lovely fenced in back yard has potential. Full unfinished basement has high ceilings & common laundry.

Listing Agents

  1. Lisa J. Drapkin

    Lisa J. Drapkin

    Alternative Listing Agent

    Compass

  2. Lara Shuqom

    Lara Shuqom

    Alternative Listing Agent

    Compass

Property Details for 182 Highland Avenue

Town
Somerville
MLS Area
Spring Hill
Area
MA-Somerville-Spring Hill, MA-Somerville
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Sold By Francis D. Privitera, Jr., Frank D. Privitera, Jr

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LISTING UPDATED: 08/06/2022 07:10 AM

Property Details for 182 Highland Avenue

StatusSold
MLS #72501078
Days on Market24
Taxes$15,616 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1910
CountyMiddlesex County

Location

Sold By Francis D. Privitera, Jr., Frank D. Privitera, Jr

Add your commute

Building Information for 182 Highland Avenue

Stories9Residences6Year Built1910Building Size-Lot Size0.15 AC / 6,643 SF

Payment Calculator

$14,126 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

$1,301

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 182 Highland Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 5568.0
  • Color: grey
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Tankless Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Bulkhead, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Hardwood
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch, Deck
  • Fencing: Fenced
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Tandem, Paved Driveway
  • Parking Features: Tandem, Paved Driveway
Utilities
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: All leases run through August 31,2019.
Tax Information
  • Tax ID: M:43 B:C L:3,753823
  • Assessments: $1,431,400
  • Book: 14924
  • Tax Year: 2019
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Heat Units: 1
  • Heat Zones: 6
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $141,800.00
  • Insurance: $4,570.00
  • GRE: $42,362
  • HTE: $8,475
  • RME: $4,000
  • NOI: $99,438.00
  • Operating Expense: $42,362.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,775.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 2.5%

Property History for 182 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 182 Highland Avenue

Taxable ValueLand$694,900Additions$1,552,100Total$2,247,000
Tax Record2024$23,638 ($1,970 / month)
Home Facts
Baths6Total Finished SqFt5,568 SqFtAbove Grade Finished SqFt5,568 SqFtStories3Lot Size6,643 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningRCCountyMIDDLESEXAPNSOME M:43 B:C L:3

Schools near 182 Highland Avenue

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - K to 5
Rating
School
Distance
Winter Hill Community School
PublicPK to 8

Somerville High School
Public9 to 12

John F. Kennedy Elementary School
PublicPK to 8

Benjamin G. Brown School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.